Sector News

Orkla acquires Dutch bakery ingredients manufacturer Vamo

September 5, 2019
Food & Drink

Orkla Food Ingredients, through its wholly-owned subsidiary Sonneveld Group, has acquired Dutch company Vamo produkten voor de Bakkerij.

Vamo manufactures specialised concentrates and ingredient mixes to producers of artisan and industrial bakery products.

Established in 1963, Vamo’s headquarters and production facilities are located in Duiven, the Netherlands. Last year, the firm recorded turnover of €12.4 million and EBIT of €1.6 million.

“Vamo is a well-run company with a good customer base and a product portfolio that is a good fit with Sonneveld,” said Peter Verhagen, CEO of Sonneveld.

“The acquisition of Vamo will complement Sonneveld’s position as a supplier of ingredients and accessories to the bakery market.”

The deal sees Orkla continue its spree of acquisitions and follows its purchase last month of a minority stake in Icelandic chocolate company Nói Siríus.

In April, the company’s Orkla Food Ingredients unit secured a deal to buy Zeelandia Sweden, a supplier of margarine, vegetable oils and bakery ingredients.

Norway-headquartered Orkla recently appointed Jaan Ivar Semlitsch as its new CEO, who will take up his position by 1 December at the latest.

Semlitsch is replacing Peter Ruzicka, who stepped down in May following five years in the role.

Source: FoodBev

comments closed

Related News

November 28, 2021

“Free from” trends take on myriad of meanings as health and environmental concerns come into sharper focus

Food & Drink

Free-from is becoming much more mainstream, moving beyond food allergens and intolerances. While it’s still vital to innovate products for lactose intolerance, gluten allergies and so forth, the umbrella term of free-from has taken on many different meanings.

November 28, 2021

Arla Foods Ingredients unveils milk fractionation tech for infant, sports and medical nutrition

Food & Drink

Arla Foods Ingredients (AFI) is targeting infant formula, sports nutrition and medical nutrition with its new patented milk fractionation technology that separates milk proteins from whey, bypassing the need to make cheese. The Denmark-based company says this move enables scientists, nutritionists and health professionals to create “next-generation” dairy products.

November 28, 2021

Oatly opens first Chinese production facility

Food & Drink

Located in Ma’anshan, Anhui province, the facility has the potential to produce an estimated 150 million litres of oat-based products annually at full capacity. The opening comes just a few months after Oatly – which claims to have established a new Chinese character for ‘plant-based milk’ – inaugurated its first Asian factory in Singapore.

Send this to a friend